CEX.io offers access to over 450 trading pairs in Spot and Margin markets with leverage options of up to 10 and BTC and USDT as base currencies. Default maker/taker fees are 0.15%/0.25%.
CEX.io exchange has multiple earning programs, including Savings and Staking accounts with rewards of up to 30%.
CEX.io (An Introduction to the Exchange and Its Regulatory Status)
Founded in 2013 in London, CEX.io has grown from a Bitcoin trading platform to a comprehensive cryptocurrency ecosystem.
The Cryptocurrency Exchange has built a solid reputation, serving over 15 million users globally and processing billions in customer deposits.
The exchange takes regulatory compliance seriously, which is evident from its impressive presence in 30+ US states.
The US Financial Crimes Enforcement Network (FinCEN) requires virtual currency service providers to comply with both federal and state legislation requirements.
Key facts about CEX.io regulatory status:
- Registered as a Money Services Business (MSB) with FinCEN in the United States;
- Holds various Money Transmitter Licenses (MTLs) across 35 US states;
- Registered as a Virtual Asset Service Provider (VASP) in Lithuania, allowing operations across the European Union.
CEX.io Table of Specifications
The company is registered in multiple jurisdictions, including the US, the UK, Lithuania, and Nevis. Here are the key features that set this international exchange apart.
Exchange | CEX.io |
Launch Date | 2013 |
Levels | Level 1 - 16 |
Trading Fees | Maker 0.00% - 0.15% Taker 0.01% - 0.25% |
Restricted Countries | Afghanistan, Belarus, Canada, The Democratic Republic of Congo, Cuba, Guam, Guinea Bissau, Haiti, Honduras, Iran, Iraq, Japan, Lebanon, Libya, Mali, Myanmar, Nicaragua, North Korea, Palestinian Territory, Puerto Rico, Russian Federation, Singapore, Somalia, South Sudan, Sudan, Syria, United States Virgin Islands, Venezuela, Yemen |
Supported Coins | 166+ |
Futures Trading | No |
Minimum Deposit | 5 USDT |
Deposit Methods | Crypto, Visa/MasterCard, SWIFT, SEPA, Google/Apple Pay, Domestic Wire, Faster Payments, Skrill, Neteller, EPay, PayPal, MoneyGram, Open Banking |
Withdrawal Methods | Crypto, Visa/MasterCard, SWIFT, SEPA, Google/Apple Pay, Domestic Wire, Faster Payments, Skrill, Neteller, EPay, PayPal, MoneyGram |
Maximum Leverage | 1:10 |
Minimum Trade Size | variable based on the trading pair |
Security Factors | 2FA, Cold Storage, DDoS attack protection, SSL encryption |
Services | Margin Trading, API Trading, Crypto Debit Card, Staking, Wallet, CeDeFi Swap |
Customer Support Ways | Online Chat, Email |
Customer Support Hours | N/A |
Fiat Deposit | Yes |
Affiliate Program | Yes |
Orders Execution | N/A |
Native Token | CEXP |
Does CEX.io Offer User Levels?
The company’s user levels are configured based on the monthly trading volume. There are currently 16 levels which offer a tiered fee structure.
Level | 30D Trade Volume (USD) | Maker | Taker |
1 | ≤ 10,000 | 0.15% | 0.25% |
2 | ≤ 100,000 | 0.13% | 0.23% |
3 | ≤ 500,000 | 0.09% | 0.19% |
4 | ≤ 1,000,000 | 0.07% | 0.17% |
5 | ≤ 2,500,000 | 0.05% | 0.15% |
6 | ≤ 5,000,000 | 0.03% | 0.13% |
7 | ≤ 10,000,000 | 0.01% | 0.11% |
8 | ≤ 20,000,000 | 0.00% | 0.10% |
9 | ≤ 50,000,000 | 0.00% | 0.08% |
10 | ≤ 100,000,000 | 0.00% | 0.07% |
11 | ≤ 200,000,000 | 0.00% | 0.06% |
12 | ≤ 500,000,000 | 0.00% | 0.05% |
13 | ≤ 1,000,000,000 | 0.00% | 0.04% |
14 | ≤ 2,000,000,000 | 0.00% | 0.03% |
15 | ≤ 5,000,000,000 | 0.00% | 0.02% |
16 | > 5,000,000,000 | 0.00% | 0.01% |
CEX.io Fee Structure
As we mentioned earlier in this CEX.io review, spot/margin trading fees range from 0.00% - 0.15% for makers and 0.01% - 0.25% for takers. However, the fee structure also involves Deposit and Withdrawal commissions.
While crypto funding comes with no additional charges, Withdrawal fees vary based on the currency.
Fiat payment options Commissions:
Method | Deposit | Withdrawal |
Visa/MasterCard | 0.49% — 4.99% + service charge | 0.49% — 4.99% + service charge |
Google/Apple Pay | 0.49% — 4.99% + service charge | N/A |
SWIFT | 0.1%, min $10 | 0.3% + $25 (min $50) |
SEPA | €2.99 | €2.99 |
Skrill | 3.99% + $3 | 3.99% + $3 |
Neteller | 3.99% + $3 | 3.99% + $3 |
PayPal | 3.99% + $5 | 3.99% + $5 |
CEX.io Exchange Listed Coins
The company offers a rather limited selection of cryptocurrencies, with over 160 coins available for buying, selling, and swapping.
Some of the popular cryptocurrencies listed on CEX.io:
- Bitcoin (BTC);
- Ethereum (ETH);
- Ripple (XRP);
- Litecoin (LTC);
- Cardano (ADA);
- Dogecoin (DOGE);
- Polkadot (DOT);
- Tether (USDT);
- AAVE (AAVE).
CEX.io Margin Trading
While the company doesn’t offer Futures trading services, it supports margin trading with leverage options of up to 1:10.
Key features of the CEX.io Margin market:
- 35 trading pairs with USDT and BTC as base currencies;
- TradingView charts;
- Flexible leverage options of up to 1:10;
- Professional trading tools, including chart drawing tools and advanced indicators, such as Volatility Index, Volume, Williams Alligator, and Zig Zag.
CEX.io Account Opening and KYC
Opening an account on CEX.io is a straightforward process, but it does involve a thorough Know Your Customer (KYC) procedure to comply with regulatory requirements, which is done through the mobile app, so make sure to download it before proceeding.
- Visit the CEX.io official website;
- Click “Register”, and then “Create Your Account”;
- Fill out the registration form;
- Verify your email address;
- For identity verification, scan the QR code with your mobile;
- Provide residential address, complete the questionnaire, and enter your phone number;
- Complete the facial recognition check;
- Scan your ID document (Passport, national ID, driving license);
- Provide personal and document information.
CEX.io Security Measures to Protect User Data and Funds
The company places a strong emphasis on security, implementing various measures to protect user data and funds, including:
- Two Factor Authentication (2FA);
- Cold Storage;
- DDoS attack protection;
- SSL encryption;
- 10-Character passwords.
Supported Payment Options on CEX.io Exchange
The ecosystem supports crypto and fiat transactions for deposits and withdrawals. You can use various cryptocurrencies, such as ZRX, 1INCH, USDT, USDC, ARB, BCH, and BTT, to charge your account. Fiat payment methods:
Method | Daily Deposit Min/Max | Daily Withdrawal Min/Max |
Visa | $20 / Unlimited | $20 / $50,000 |
MasterCard | $20 / Unlimited | $20 / $2,500 |
Google/Apple Pay | $20 / $1,000 | N/A |
SWIFT | $300 / Unlimited | $300 / Unlimited |
SEPA | €20 / Unlimited | €20 / Unlimited |
Skrill | $20 / $10,000 | $20 / $10,000 |
Neteller | $20 / $10,000 | $20 / $10,000 |
PayPal | $20 / $1,000 | $20 / $10,000 |
CEX.io Trust Score
User satisfaction is one of the most important topics in this CEX.io review. The platform has garnered great reviews over the course of more than 10 years.
4.2/5 based on 23,220 comments | |
CoinGecko | 7/10 |
CEX.io Exchange Support Channels
The company offers support mainly through online chat. While the working hours are not specified on the official website, 24/7 support is guaranteed by using a Chatbot.
support@cex.io | |
Live Chat | Available on the official website and application |
Writer's Opinion and Conclusion
CEX.io provides BTC/USDT, ETH/BTC, and 32 more trading pairs in its margin market.
It has listed 160+ coins and offers CeDeFi swaps with zero gas fees utilizing the Wigwam Web3 wallet.
A great trust score of 4.2 on TrustPilot, integration with MetaMask wallet, and staking services on 14 cryptocurrencies are some of the strong points of CEX.io exchange.
The lack of a Futures market and copy trading services are its main weaknesses.